FADEL Secures Series A Financing to Accelerate Sales, Marketing and Product Development
New York, NY – Oct 8, 2014 – FADEL, creators of enterprise-class Intellectual Property Rights and Royalty Management software, today announced that it has completed a Series A round of financing. The investment round, led by Middle East Venture Partners (MEVP), will help the company fuel business growth by expanding and further investing in strategic areas such as Sales, Marketing and Product Development. Additionally MEVP Managing Partner, Walid Mansour, will join FADEL’s Board of Directors.
“Intellectual Property (IP) is at the core of a company’s worth, yet many organizations are not realizing the full potential of their IP’s value,” said Walid Mansour, Managing Partner of MEVP. “We see increasing demand for a solution like FADEL IPM Suite that is going to help organizations to monetize their IP and drive real business results. We are excited to act as advisor and investor for FADEL and see a tremendous growth opportunity for their powerful IP Management platform which has been live and running by the company’s clients — some of the largest in their respective industries.”
“The Series A financing builds on business momentum that FADEL is currently experiencing with its growing list of impressive clients, expanding executive team and successful customer deployments,” said Tarek Fadel, founder and CEO of FADEL. “FADEL is getting a tremendous response to its upcoming product releases which resonate equally well across multiple industries. Having the support of MEVP is going to help cement our business growth and execute on our vision to expand into new geographies and vertical markets.”
About FADEL
FADEL is a provider ipl of enterprise-class Intellectual Property Rights and Royalty Management software for Media, Entertainment, Publishing and High Tech. The trusted authority for the tracking and monetization of intellectual property usage, FADEL enables businesses to verify, capture and manage rights and royalties for their IP assets through its portfolio of software and expert services. For more information, visit
About Middle East Venture Partners
Middle East Venture Partners (MEVP) is a Middle-East focused venture capital firm that invests in the early and growth stages of innovative companies run by talented entrepreneurs primarily in Beirut, Amman and Dubai. With offices in Beirut, Dubai and Silicon Valley and more than USD 75 million in Assets Under Management, MEVP is the pioneer and largest VC firm in the MENA region, with clear cross border investment appetite. MEVP has invested in over 20 high-tech companies since 2010.
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